ALT vs. FDVV

Last updated Apr 1, 2026

Compare and contrast key facts about Altimmune, Inc. (ALT) and Fidelity High Dividend ETF (FDVV).

FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016.

Performance

ALT vs. FDVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altimmune, Inc. (ALT) and Fidelity High Dividend ETF (FDVV). The values are adjusted to include any dividend payments, if applicable.

ALT vs. FDVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALT Altimmune, Inc.	-14.68%	-49.93%	-35.91%	-31.61%	79.59%	-18.79%	496.83%	-8.25%	-96.55%	-93.83%
FDVV Fidelity High Dividend ETF	-1.78%	17.08%	21.81%	18.00%	-4.21%	29.24%	2.80%	24.07%	-1.26%	14.00%

Returns By Period

In the year-to-date period, ALT achieves a -14.68% return, which is significantly lower than FDVV's -1.78% return.

ALT

• 1D: 6.94%
• 1M: -28.54%
• YTD: -14.68%
• 6M: -18.30%
• 1Y: -38.40%
• 3Y*: -9.96%
• 5Y*: -26.13%
• 10Y*: -40.86%

FDVV

• 1D: 2.35%
• 1M: -5.66%
• YTD: -1.78%
• 6M: 0.65%
• 1Y: 14.82%
• 3Y*: 16.89%
• 5Y*: 12.68%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ALT vs. FDVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALT

ALT Risk / Return Rank: 26
ALT Sharpe Ratio Rank: 23
ALT Sortino Ratio Rank: 31
ALT Omega Ratio Rank: 32
ALT Calmar Ratio Rank: 18
ALT Martin Ratio Rank: 24

FDVV

FDVV Risk / Return Rank: 60
FDVV Sharpe Ratio Rank: 58
FDVV Sortino Ratio Rank: 58
FDVV Omega Ratio Rank: 65
FDVV Calmar Ratio Rank: 57
FDVV Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALT vs. FDVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Altimmune, Inc. (ALT) and Fidelity High Dividend ETF (FDVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ALT	FDVV	Difference
Sharpe ratio Return per unit of total volatility	-0.41	0.97	-1.38
Sortino ratio Return per unit of downside risk	0.05	1.41	-1.36
Omega ratio Gain probability vs. loss probability	1.01	1.23	-0.22
Calmar ratio Return relative to maximum drawdown	-0.67	1.29	-1.96
Martin ratio Return relative to average drawdown	-1.02	5.68	-6.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALT vs. FDVV - Sharpe Ratio Comparison

The current ALT Sharpe Ratio is -0.41, which is lower than the FDVV Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of ALT and FDVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ALT	FDVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.41	0.97	-1.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	0.86	-1.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	0.74	-0.98

Correlation

The correlation between ALT and FDVV is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ALT vs. FDVV - Dividend Comparison

ALT has not paid dividends to shareholders, while FDVV's dividend yield for the trailing twelve months is around 3.00%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ALT Altimmune, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FDVV Fidelity High Dividend ETF	3.00%	2.89%	2.94%	3.77%	3.44%	2.70%	3.19%	3.93%	4.05%	3.66%	1.04%

Drawdowns

ALT vs. FDVV - Drawdown Comparison

The maximum ALT drawdown since its inception was -99.94%, which is greater than FDVV's maximum drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for ALT and FDVV.

Drawdown Indicators

	ALT	FDVV	Difference
Max Drawdown Largest peak-to-trough decline	-99.94%	-40.25%	-59.69%
Max Drawdown (1Y) Largest decline over 1 year	-62.65%	-12.34%	-50.31%
Max Drawdown (5Y) Largest decline over 5 years	-90.45%	-20.18%	-70.27%
Max Drawdown (10Y) Largest decline over 10 years	-99.85%	—	—
Current Drawdown Current decline from peak	-99.89%	-7.04%	-92.85%
Average Drawdown Average peak-to-trough decline	-80.66%	-3.85%	-76.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.12%	2.81%	+38.31%

Volatility

ALT vs. FDVV - Volatility Comparison

Altimmune, Inc. (ALT) has a higher volatility of 26.59% compared to Fidelity High Dividend ETF (FDVV) at 4.48%. This indicates that ALT's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALT	FDVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.59%	4.48%	+22.11%
Volatility (6M) Calculated over the trailing 6-month period	58.39%	7.68%	+50.71%
Volatility (1Y) Calculated over the trailing 1-year period	93.96%	15.34%	+78.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.38%	14.74%	+79.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	142.47%	17.09%	+125.38%